Complex event processing (CEP) continually evolves as a technology to help organizations react to various business conditions such as threats and market opportunities. CEP technologies excel at taking raw, voluminous amounts of event data, accumulating it, correlating it and aggregating it in forms that facilitate critical decision-making.
What is going on?
The business transformation industry is growing and starting to stratify. Many corporate managers have now recognized the enormity of what must be dealt with and are starting to look at grouping practitioners by specialized skills and capabilities.
Larry was at the headquarters of one of the largest industrial organizations in the U.S. and his task, on behalf of a business rules technology vendor, was to understand why this client had decided to replace his client’s technology with a package. The decision could not have been taken lightly – this was a custom built order processing system, a huge system by any measure. It had been built but ten years previously at a cost that ran into eight figures. By the vendor’s count it contained over 20,000 rules.
In today’s marketplace it is imperative that companies are creative about how they manage and evolve their business processes. Achieving agility is a critical organization driver for organizations eager to reduce time to market, foster innovation, and tackle complexity. Business rules help automate the decisions essential to the organization’s business processes – reducing manual steps, delays, and opportunities for errors. Decision management is the business discipline that best leverages business rules and puts analytics and optimization to work in every transaction.
In the previous article “Process-oriented Systems Paradigm for the Process Age”, I discussed the concepts that will shape process-oriented systems in the Process Age. In this article I will discuss how these concepts influence the development of systems. Some of the terms used here have been described in the previous article.
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The change of such a complex system as Enterprise has to be considered at least from three perspectives:
In talking with customers and prospects over the last few months, three themes that seem to be barriers to Cloud application development have repeatedly emerged. The first is that of Cloud security, the second Cloud performance and the third Cloud technology requirements.
About 15 years ago I came across ‘The Guerrilla Marketing Handbook’ by Jay Conrad Levinson. The concept was to create branding and lead generation through unconventional and small scale activities and events that could have as much impact as a large seven figure advertising campaign. Unfortunately, a lot of people took this as an excuse to commission irritating and humourless “viral” internet campaigns churned out by clueless marketing agencies. However, the concept of getting maximum results from minimum resources has stuck with me.
A DNA carries the biological instructions that define, compose and create unique species. Molecules come together in a unique combination to form a “code” that defines a cell’s characteristics in an organism, and shape what the cell in intended to do. This article is not about genetic engineering, nor is it about medicine. However, it is about trying to lay out the DNA roadmap for what Business Process Management (BPM) should encompass in an organization.
The SOA consortium has been running an annual contest for the best SOA Case Studies. Last year I attended the event and summarized the common characteristics of successful SOA implementations. This year’s winners shared the same characteristics:
1. Strong executive level commitment2. Educate the business of the value of SOA3. Establish a Center of Excellence4. Well defined business services5. Completeness of services6. Sound quality assurance7. ROI realized over time
Everyone starts here.
You're looking for a way to improve your process improvement skills, but you're not sure where to start.
Earning your Business Process Management Specialist (BPMS) Certificate will give you the competitive advantage you need in today's world. Our courses help you deliver faster and makes projects easier.
Your skills will include building hierarchical process models, using tools to analyze and assess process performance, defining critical process metrics, using best practice principles to redesign processes, developing process improvement project plans, building a center of excellence, and establishing process governance.
The BPMS Certificate is the perfect way to show employers that you are serious about business process management. With in-depth knowledge of process improvement and management, you'll be able to take your business career to the next level.
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